UNIQUE MIXED USE PROPERTY, STRONGSVILLE, OHIO 44136 PRICE REDUCTION Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CONTACT US JOSEPH W. KHOURI First Vice President +1 216 658 6120 joseph.khouri@cbre.com CBRE, INC. 950 Main Avenue Suite 200 Cleveland, OH 44113
(SR 42) FOR SALE OR LEASE PROPERTY INFO Buildings: Size/SF: 24,766 SF Retail Showroom with Special Use areas / Warehouse Building, approximately 4,000 SF is 2 story mezzanine retail space with frontage along Pearl Road with an attached 23,800 SF Warehouse addition. General building classification would be warehouse / showroom used as and zoned retail. ±48,566 SF Year Built 1967/1988/1991 Site Size: 5.46 Acres Parcel Number: 392-30-001 Tax Parcel Property Address: 12826 Pearl Road, Parking: Approximately 216 spaces Sale Price: $2,300,000.00 $1,999,000.00 Lease Price: Negotiable 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Licensed Real Estate Broker.
SITE INFO SITE HIGHLIGHTS An opportunity to purchase or lease the well-known Catan s Fashions / Bridal property, consisting of 48,566 square foot building on 5.46 acres along the coveted Pearl Road commercial corridor in the NW quadrant of the Pearl Road (RT 42) and Royalton Road (RT 82) intersection in Strongsville, Ohio. + Location: Conveniently located 5 minutes from the Interstate 71, and just west of Cleveland s premier super-regional 1,800,000 SF SouthPark Mall, and Cleveland Clinic hospital. Take advantage of proximity to excellent demographics and the growing communities of Strongsville, Brunswick, Medina, North Royalton, Berea, and Middleburg Heights + Traffic Counts: 21,380 Vehicles Per Day along Pearl Road + Population: Over 48,000 people live within 3 miles + Income: Median HH Income of $75,120 within 3 miles 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Licensed Real Estate Broker.
AERIAL MAP AVAILABLE 48,566 SF 2017 CBRE, Inc. All marks displayed on this document are the property of their respective owners.
PEARL RD 2017 ESTIMATED DEMOGRAPHICS POPULATION 1 MILE 3 MILES 5 MILES 2017 Population - Current Year Estimate 5,901 47,154 135,447 2022 Population - Five Year Projection 5,778 46,571 134,974 2010 Population - Census 6,124 47,718 135,587 2000 Population - Census 6,284 46,722 130,445 2010-2017 Annual Population Growth Rate -0.51% -0.16% -0.01% 2017-2022 Annual Population Growth Rate -0.42% -0.25% -0.07% HOUSEHOLDS 2017 Households - Current Year Estimate 2,757 19,551 55,382 2022 Households - Five Year Projection 2,711 19,396 55,377 2010 Households - Census 2,834 19,608 55,009 2000 Households - Census 2,724 17,913 50,030 2010-2017 Annual Household Growth Rate -0.38% -0.04% 0.09% 2017-2022 Annual Household Growth Rate -0.34% -0.16% 0.00% 2017 Average Household Size 2.09 2.38 2.38 HOUSEHOLD INCOME 2017 Average Household Income $79,066 $93,622 $84,686 2022 Average Household Income $90,394 $105,017 $96,064 2017 Median Household Income $59,372 $76,620 $67,815 2022 Median Household Income $71,358 $84,340 $77,784 2017 Per Capita Income $36,750 $38,917 $35,109 2022 Per Capita Income $42,131 $43,818 $39,885 HOUSING UNITS 2017 Housing Units 2, 9 3 2 2 0, 5 6 5 5 8, 3 7 6 2017 Vacant Housing Units 175 6.0% 1,014 4.9% 2,994 5.1% 2017 Occupied Housing Units 2,757 94.0% 19,551 95.1% 55,382 94.9% 2017 Owner Occupied Housing Units 1,911 65.2% 14,119 68.7% 41,609 71.3% 2017 Renter Occupied Housing Units 846 28.9% 5,432 26.4% 13,773 23.6% CONTACT US JOSEPH W. KHOURI First Vice President +1 216 658 6120 joseph.khouri@cbre.com CBRE, INC. 950 Main Avenue Suite 200 Cleveland, OH 44113
FLOOR PLAN East Section West Section CONTACT US JOSEPH W. KHOURI First Vice President +1 216 658 6120 joseph.khouri@cbre.com CBRE, INC. 950 Main Avenue Suite 200 Cleveland, OH 44113